OpenCharities

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2024-03-31-accounts

Objectives andActiviti es
SORPreference
Summaryof thepurposesof Pan1- TheobjectivesoftheLeagueofFriends ofthe
the charityassetoutinits RoyalEyelnfirmaryPlymouth(LOFREIP)areto
governing document relieve patientsandformerpatients ofthe
RoyalEyelnfirmaryPlymouth whoaresick,
convalescent, disabled, handicapped, infirmor
inneedof financial assistance and generallyto
support the charitable workofthesaid
infirmary.Theareaofbenef itisthecityof
Plymouth,Devon andcornwall.
Summaryof themain
activities in relationtothose
purposes for thepublic
benefit,inparticular,the
Para1.17and
1.19
Thetrustees meetduringtheyearandmeet
withsenior officialsfromtheinfirmarytosee
howthefundsraisedbythecharitycanbe
activities, projects or usedeffectivelybytheinfirmary orifthereare
services identifiedinthe patientsorformerpatientsinneed offinancial
accounts. assistance. Duringtheyearmedicalequipment
costinBf31,173wasacquiredfortheRoyalEye
lnfirmary Plymouthbythecharity.
Statement confirming Paral.lE Thetrustees confirm thattheyhavecomplied
whether the trustees have
hadregardto the guidance
issuedbytheCharity
Commission onpublic
with theirduty undersection4oftheCharities
Ad2011tohavedueregardtotheCharity
Commission's guidance on publicbenefitin
benefit shapingthe charity'saimsand inplanningits
activities. lnparticular,the trusteeshave
consideredhowtheplannedactivitieswill
contributetotheaims andobjectivesthey
haveset.

oDetails ofthepurposeofthe
grant.
oEvidenceofeligibility.
oBreakdown ofcostsand
fundingrequirements.
oSupporting documentation,
whereapplicable.
Applicationswillbereviewedonarollingbasis
orasspecifiedbythe trustees.
Grantswillbe assessedbasedonthefollowing
factors:
oAlignment with thecharity'sobjedives.
r
Evidenceofneedand impact.
.
Valueformoney.
.
Sustainability andfeasibjlityofthe
proposal.
.
Availabilityoffunds.
Decision Making
Decisionsongrantawardswillbe madebythe
trusteesattheir scheduled meetings.The
trustees'decisionisfinaL and applicantswillbe
notifiedinwriting followingthedecision.
MonitorintandReporting
Grant recipientsmustusethefundsonVforthe
approvedpurposes.Submitprogressor
completion reportsasrequestedbythe
trustees.Thetrustees requestreceipts and
other evidence of expendrture toensurethe
fundshave beenappliedin linewiththe
charity's objectives.
Policyonsocial investment Para1.38 Not applicable
including program related
investment
contributionmadeby Para1.38 Notapplicable
volunteers
Other Notapplicable

chievements and Pe rformance
soRPreference
Summaryof themain Pata1.20 LOFREIPcontinuestohelpimproveand
achievements of the charity, advancelocaleye healthservices byproviding
identifying the difference the essentialresourcesandequipmenttoimprove
charity'sworkhas madeto
the circumstancesofits
beneficiaries andanywider
benefitstosocietyasa
whole.
patientcare. Thisyear,thecharityreceiveda
generousf100,000 legacydonation, enabling
significantcontributionstoits mission. The
funds wereusedtopurchase advanced medical
equipmentfor theRoyal Eyelnfirmary,
enhancing diagnosticcapabiltiesand
treatmentoutcomesforpatients.
Thenewequipmenthasreducedwaitingtimeq
improved recoveryrates, andallowed patients
toreceive specialisedcareclosertohome.lt
has alsosupportedmedicalstafftrainingand
strengthenedlocalhealthcareinfrastructure.
LOFREIP'seffortshave notonly improvedthe
circumstancesofitsbeneficiariesbut also
raised awarenessabout eye health,
contributinstobroadersocietalwell-beine.
oumavchoosetoincludefur
ther statemen
ts where relevan
Achievementsagarnst Paia1-41 Notapplicable
objectives set
Performance of fundraising Pata1.41 Notapplicable
activities against objectives
set
lnvestmentperformance Pa@1.41 Notapplicable
against objectives
Other Notapplicable

FinancialReview
LOFREIPendedtheperiodinastrongfinancial
financial positionat theend position,withinvestments off736,385,cashat
of theperiod bankolf778,947,andnetassetstotalling
ft,454,582.
Trustees considerthisasolidfoundationto
expandtheirsupport fortheRoyalEye
lnfirmarvat itsnew Derrifordsite.
policyforholding reserves sustainabilityandprovideflexibilityin
stating whytheyareheld respondingto future fundingneeds.
These reserves are heldtocover operational
costs,fundstrategicinitiatives,andsupport
unforeseen exoenditures.
IOFREIPendedtheperiodwithnetassets
Nofundsareindeficit,andthereare no
uncertainties about the uncertaintiesregardingthecharity's abilityto
charity continuing asagoing continueasagoingconcern.
concern
You statements where relevant
The charity'sprinclpal Pa.aL47 LOFREIP'sprincipalsources offundsinclude
sources of funds(including donationsand legaciesfrom supporters,aswell
anyfundraising) asbankinterestand capitalgrowthfrom
investments.These sourcesprovidethe
financial stability requiredtosupportits
ongoingcharitableactivities andfuture
initiatives.
lnvestmentpolicyand Para'l.il6 LOFREIP'sinvestmentpolicy focuses onlow-
objectives including any riskinvestmentsaimed at achieving capital
social investmentpolicy growthwhilepreservingfunds.Thecharity
adopted primarilyinvestsinadiversifiedbondfundto
ensure stabilityandsteady returns. Trustees
periodicallyreviewtheinvestment portfolioto
alignwiththecharity'sfin anciaIobiectivesand
risktolerance, ensuring fundsare managed
prudentlytosupport long-termcharitable
goals.
A description of the principal Para1.46 FinancialRisk-Dependencyondonationsand
risksfacing the charity legacies mayleadtofluctuationsinincome,
impactingthecharity'sabilitytofundfuture
initiatives.lnvestmentperformancemayalso
beaffectedbvmarketvolatilitv.
Other Notapplicable

Description of charity's
trusts:
Typeof governing document Para1.25 Trustdeed
Howisthecharity Para1.25 Unincorporated
constituted?
Iru$eeselectlon metnods lreta'1.25 TrusteesforLOFREIPareselectedbasedon
including details of any
constitutional provisionse.g.
election to post or nameof
any person or bodyentitled
to appointoneor more
trudees
theirexpertise, experience,andcommitment
to the charity'smissionofadvancingeyehealr
services.Recruitment methodsincludeopen
advenisements,recomme ndationsfrom
existingtrustees,andoutreachwithin
professionalnetworksto identifyindividuals
withrelevantskillsinfinance,heatthcare,
aovernance,andfundraising.

to appointoneor more
trudees

to appointoneor more
trudees
advenisements,reco
existingtrustees,and
professionalnetworks
withrelevantskillsinf
aovernance,andfund
Additionalinformation (optional)
ou
Y
mav choose toincludefurther statements
where relevantabout:
Policies and procedures Parc1.51 Notapplicable
adopted for the induction
and training of trustees
The charity's organisational Para1.51 Not applicable
structure and any wider
network with which the
charityworks
Relationship with any Para1.51 Notapplicable
related parties
other Notapplicable

Reference andAdmini strativedetails
charityname LeasueofFriendsoftheRoval EvelnfirmanvPlvmouth
Othernamethe charity uses Notapplicable
Registered charity number 268980
Charity'sprincipaladdress RoyalEyelnfirmary
3Alpha Way
PIYMOUTH
Pt6sZF
Trustee nama Office(ifany) Dates actBdif notforwhole
vsar
Nameofperson(or body)entitled
toaDDointtrrr6t6elifanvl
1 DrDavidWilliamAdams Chair Appointed6February2024
2 AlisonMount Appointed17 June2024
3 JaninaRomaWaterman Appointed6February2024
4 Vladimir Thaller Appointed6February2024
5
o
7
I
I
10
11
12
'13
14
15
16
17
18
19
20

undsheld ascustodi an trustee
Description of theassets None
heldinthis capacity
Nameandobjects of the Notapplicable
charityonwhosebehalfthe
assets are heldand howthis
falls within the custodian
charity's objects
Detailsofarrangementsfor Notapplicable
safe custodyand
segregation of such assets
fromthe charity's own
assets

lndependentexaminer Graham RobertsFCA- 122Fore5t,SaltashPt126lW
Blackwell BateLtd

Leegueof Frlends ofthe Frlends ofthe RoyalEyelnfirmary RoyalEyelnfirmary ChantyNo 25E980
Plymouth
Annual accounts for the period CC17a
Periodstan date lrtApdl2023 Periodend
date
31st ttlarch2024
Rscommanded
categoriesbyaclivity
Detaib of own
analysls
Unr6trlcted
funds
€€
lncome
funds
Endowment
funds
Totalthis
year
fE
Totallast
y€ar
lncoming rssourcos (l{ote F01 F02 F03 F04 F05
lncomlng E6ourcesfrcm
ggngratgdlunds
100,495 100.495 362.742
Activities forgeneGtingtunds
1.297 1.297 446
lncomlngrclourcerfrom
charltbloactlvltios
Othsr lncomlngrosource!
Totalincoming resouncesso6 101.792 101.792 363.188
Resources expendod(Notes
Cosb olGon€rqting Funds
Costsofgsneralingvolufitary
FundlEising kadin9co3ts
lnvestment managemeol cosl3
Chadtable actlvltle8 31.173 31.173
GoYemancecosts sl1 1'142 1.142 473
Otherre3ourceaexpondgd
Total resourcesexpendeds13 32,315 32,315 473
Netincomin$@utgotng) resourcesbelorc
,ransfelssi4 69.477 65.477 362.715
Gross transfens betweenfunds s15
Netincomingl(outgolng) resources belore
o,,€trecrynisedgaing(rosses, s15 69.477 65.477 362.715
Othorrecognised gains/(loss6s)
Gainsandlossesonrevaluation of fixed assets
for thecharity'sown use s17
Gains and losses on investment assets s18 77.468 77.468 23,447
Netmovement infurrdssrg '146.945 146.S45 386.162
Totalfunds broughtforuard s2o 1.307,637 1.307.637 92'.t,475
Totalfundscafiied fotwardszt 1.454.582 1.454.582 '1,307.637
Unre3trlcied
funds
eI
lncome
funds
Endowment
funds
€tE
Totalthls
year
Totallast
year
Fixedassets F01 FOz F03 F04 F05
Tangible ascets
(Note9)
Bo1
802
lnve8trnents
(Note10)
Bo3 736,385 736,385 658,917
Iota,,?xodassefs Bo4 /3t,,JU5 736,385 658,917
Current assets
Stockandworkinprogress 805
Debtors
(Note11)
806
(Short term)invostments 807
Cashat bank andinhand 808 116,94t I1A,94t 648,720
Totalcurrentassets B0s 116,941 116,94t 648,720
Cr€ditors:amountsfallingduewithin
onoy€ar
(Note12)
810 750 750
Netcunenlassets/(liabilities) 811
Iota,ass€as,ess currentliabilities 812
Creditors:amountsfallingdueafter
oneyear
(Note'12)
813
Provisionsfor liabilitiosand charges
irefassets 8rs
Funds oftheCharity
Unrestrictedfunds 816
817
Restrlcted incomefunds(Notel3) 818
Endowmentfunds(Notsl3) B'19
Totalfunds B2o
Signedbyoneortwo trustees on behalfof all
lhe trustees

Note2
Accounting policies
fhiss,andardtist ofaccounting policieshasbeenappliedbyahechadtyexceptforthosedereted.Where adlfferentor
addilionalpolicyhasbeeoadoptedahenthisisdetailedinthehoxbelow.
Note2
Accounting policies
fhiss,andardtist ofaccounting policieshasbeenappliedbyahechadtyexceptforthosedereted.Where adlfferentor
addilionalpolicyhasbeeoadoptedahenthisisdetailedinthehoxbelow.
INCOMINGRESOURCES
Recoqnltlonoflncomlng These are includedinthe StatementofFinancialActivities(SoFA)when:
resources .
the charity becomes entitled to the resources;
.
the trustees are virtuallv certain they,rvill receive the resources; and
.
the monetary value can be measured withsufficientreliability.
lncomingresourceswith Where incomiflgresources have related expenditure (as with fundraising or contract income)
.elatedexpenditure the incoming resources and related expenditure are reponedgrossin the SoFA.
Grants anddonatlons Grants and doflations areonlyincludedinthe SoFA when thecharityhas unconditional
entitlement to the resources.
Tax roclalms ondonations lncoming resources fromtaxreclaims are includedinthe SoFAatthe same time as thegifito
andgifts whichtheyrelate.
Contractualincome and This is only included in the SoFA oncetherelated goodsorserviceshave been delivered.
pertormancarelatedgrants
Gifts in kind Giftsin kind are accountedforata reasonable estimate ol their value to the charityorthe
amount actually realised.
Giftsin kind for sale or distribution are includedinthe accounts asgiftsonly when soldor
distributed by the charity.
Giftsin kindforuse by the charity are includedinthe SoFA as incoming resources when
receivable.
Oonated services and These are only included in incoming rssourc€s(withan equivalent amount in resources
facilities expended) where the benefittothe charity is reasonably quantifiable, measurable and
material.The value placed ontheseresourc€sisthe estimated value to the charityofthe
serviceorfacilityreceived.
Volunteerhelp The value of any voluntary help received is not includedinthe accounts butisdescribedinthe
trustsss'annual roport.
lnvestlentincome This is includedinthe accounts when receivable.
lnvestnentgains and losseg This includes any gain or lossonthe sale ot investments and any gainorloss resulting from
revaluing investmentstomarket valueatthe endoftheyear.
EXPENDITURE AND LIABILITIES
Llabllltyrecognltlon Liabilities are recognised as soon asthereis a legal or constructive obligation committingthe
charitytopay out resources.
Governancecosts lnclude costsofthepreparation and examinationofstatutory accounts, the costsoftrustee
meetings and cost of any legal advicetotrustees on governance or constitutional matters.
Grantswith perlormance Where the charity givesagrantwithconditions for its payment being a specific levelofservice
conditions or outputtobe provided. such grants are only recognisedinthe SoFA once the recipientofthe
granthas provided the specifled service or output.
Grantspayablewithout These areonlyrecognisedinthe accounts whenacommitment has been made and there are
perlormanca condltlons no conditionstobe met relatingtothe grantwhichremaininthe controlofthe charity.
Support Costs Support costs includecentraltunctionsand have been allocatedtoactivity cost categories ona
basis consistent with the use of resources, eg allocatingpropertycosts by floor areas,orper
capita,stalfcosts by the time spent and other costsbytheirusage.
ASSETS
Tangibleflx6das6etsforuaa These are capitalisedifthey can be used for more than one year, andcostat leastf500.They
bycharity are valuedatcostor a reasonable valueonreceipt.
lnvestments lnvestments quoted on a recognised stock exchange are valued at market valueatthe year
end.Other investment assets are includedattrustees'best estimateofmarket value.
Stocks andwork inprogress These are valuedatthe lower of cost or market value.
POLtCtES
ADDITIONAL TO
DIFFERENT FROM
Note 3
Analysisof incomingr6ourceg
tncomingresources may befurther analFedifthiswouldhelptheraaderoftheaccourts.
Voluntaryincome
Activltlesfor generatlngtunds
lnvestmentlncome
lncomingrcgourceslrom
charitableactivitie8
Note4 Analysis ofresourcEs expended
Rgsources expended may befurtheranalysed ifthisryould help the rsader ofths accounts.
Costs ofgeneEting
voluntary income
Fundraising trading
GOAts
lnYestment
management costa
Cheritbleactlvltles
Govemancecosts

Pleesecompletethisn
suppottcos6.
oteiflhecharityhasa nalFediE expenses usingactivitycategod es and has
Fundraislng actlvlty Charitablo Activity GovgrnancoActivity TotalCost
Suooortcostwpe r e
None
Total


totrusteesortothirdparliestorexponsesincurred by t
preaseerr{er'lrono'inthe apprcNiea€box(es).

rusfees.,fno

expenses were

paid,
Thisysar Lastyear
Numbsr oftrusleesryho were paid expenses
Natur€ of the expenaes
Total amount paid t t


seruicesprovidedbyyowindependsnt examineror auditor. lf not
apprcpriatebox(es).

hingwaspaidp
leasee nterNONEi
Tnls year Last year
lndependenlexamlne/soraudltoE' feesforrrportingontho
accounts 750
Otherfe€(for example: advlce, consultancy,accountancy
services)paidto thsindspendent examiner orauditor


Please completeahis noteifthech
9.1Cost orvaluation
arityhasanybn giblefixedas sets
Freeholdland Otherland& Plant, Fixtur€s, Paymentson Total
&buildings buildings machinery fittingsand accountand
andmotor equipment assets under
vehlcles construction
e s f, f,
Balance brought
forward
Additions
Revaluations
Disposals
Transfers*
Balance carried
forward
9.2Accumulated depreciatlonand impairmentproyisions
SLoTRB SLoTRB SLoTRB SL or RB SL orRB
Balance brought
forward
Depreciation charge
foryear
lmpairment provisions
Revalualions
Disposals
Transfers*
Balance carried
forward
9.3Net book value
Brought forward
Carried forward
9.4ReYaluation
lfany fixed asseF havebeenrevaluedpleasagive dotailsofthe valuer andmethodofveludtion

Note1l
Debtors andprepayments
Pteasecomptetethianoteifthechaityhasany
AnalysisofdebtoE
Tradedebtora
Amountsduefrom subsidiaryand associated
undertakings
Otherdebior3
Prepayments and accrued income

Pleasecompletethisnoteifthecharityhasanyc
'12.1Analysis ofcI€ditors
reditorsoraccrua reditorsoraccrua ts.
Amounts fallingdue Amountsfallingdusafter
wlthinone vear more than oneyear
Thia ysar Last year Ihisyear Lastyear
f e
Loans and overdreftg
Tradecredltors
Amountsdueto subsidiaryanda$ociated
undertakingg
Othercredltors
Accruals anddeferedincome 750
/cu

otherrelet edpadiesbythechatworanyin stifirlionot companyconnectec twith iL twith iL
Name of trustaeorconnectedparty L6galauthority(egorder,
goveming document)
Amountspaid or benefitvalue
This year
Lastyear
e
No related partytransactions

chaityattheyeaten
d.
Nameoftrusteeor
connectedparty
Legalauthority This
f
Amount
ysal
owing
Lastyear
E
Ducto trusteesand None
rolatedparties
Duefrom trustsog None
and relatedpadies


relatedpadyhasamat

erialinterest
Nameof th6trustes Relatlonship to D,sscriptionof the Thisyear Last year
orrelatedDartv charitv transaction(sl
None
CHARIIYCOMMISSION
FORENGLANDANDWALES
Independentexaminer's report
on theaccounts
CHARIIYCOMMISSION
FORENGLANDANDWALES
Independentexaminer's report
on theaccounts
Reportto the
trustees/directors/
League of Friendsof theRoyalEyelnfirmary Plymouth
membersof
Onaccounts fortheyear 31March2024
ended
Charityno.:
268980
Companyno,,
nla
Setout onpages l-ls
Ireporttothe charity trustees on my examination oftheaccounts of the
Companyfortheyearended 31 March2024.
Responsibilitiesand Asthecharity's trustees oftheCompany(whoarealsothe directors of the
basis of report company for thepurposesofcompanylaw),youareresponsiblefor the
preparation of the accountsinaccordancewrththe requirements ofthe
CompaniesAct2006 ("the2006Acf).
Havingsati#iedmyseffthatthe accounts of the Company are notrequired
to be auditedforthisyear under Part16of the2006Actandare eligiblefor
independent examination,Ireportinrespectofmy examination ofyour
charity's accountsascarriedoutundersection145of the Charities Act201'1
('the2011Acf).lncarryingoutmy examination,Ihave followedthe
Directions givenbytheCharity Commission(undersection 145(5Xb) ofthe
2011Act.
lndependent
examine/sstatement
Ihavecompletedmy examination.Iconfirm thatnomaterial matters have
come to myattentionwhichgivesme cause tobelieve that:
.accounting records werenotkeptinaccordance with section386of the
CompaniesAct2006; or
.the accounbdonotaccord with such records;or
. theaccounbdonotcomply with relevant accountingrequiremenhunder
section396oftheCompaniesAct2006 other than any requirement that the
accounts givea'trueandfair'viewwhichisnot amatter consideredaspart
ofan independent examination; or
.theaccounts havenotbeen preparedinaccordance with the Charities
soRP(FRS102).
Ihavenoconcerns and have come acrossnoother mattersinconnection
withtheexaminationtowhich attention should be drawninthis report to
enable aproperunderstanding of the accounts tobe reached.
Date:
8January 2025
SigneO:m
Graham Roberts FCA